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THE UK'S MISSING SOVEREIGN WEALTH FUND - Briefing Note 77, 25 May 2012
This article discusses what would be the result if the UK, instead of handing over its EU Budget Contributions to Brussels, had invested the cash in a British Sovereign Wealth Fund? That fund would today be one of the biggest in the world and, in 2011, would offset some 42% of the then UK national debt.
This article discusses what would be the result if the UK, instead of handing over its EU Budget Contributions to Brussels, had invested the cash in a British Sovereign Wealth Fund? That fund would today be one of the biggest in the world and, in 2011, would offset some 42% of the then UK national debt.